Prescription is a term used to indicate that the time period to institute legal proceedings against a debtor has lapsed. It is thus not a legal term that should be easily ignored, as having your claim prescribe might mean the end of the road for any legal proceedings against a debtor. ‘Debt’ for purposes of […]
Be wary of prescription – don’t drag your feet to collect your debt Read More »
You have basic rights and you can exercise them. Here’s what you need to know about your rights at a roadblock. We’ve all been there – you are headed home after a nice evening out with loved ones when, suddenly, flashing blue lights and a police officer orders you pull to the side of the
Roadblocks and Your Rights Read More »
“I lent money to a business partner nearly 3 years ago when he was in a bit of financial trouble. It wat not a massive amount, so I did not press him for the money. He recently won a big contract and I know things are going better with his business. When I asked him
Beware of the dangers of prescription Read More »
“I recently read about a well known sportsman being sequestrated. Does it necessarily mean it’s the end for him, or will his debt simply be written off so he can start over?” The position regarding sequestration is often unclear to Joe Public, and the perception can easily arise that it’s an easy way to escape
Is sequestration the end of the road, or is there relief Read More »
